Black Rose Industries Bolsters Leadership and Compliance with Key Appointments

Black Rose Industries Ltd. has made significant board-approved appointments to strengthen its leadership and compliance functions. The company has named new Cost and Internal Auditors for the upcoming FY27 and appointed a new Company Secretary. Additionally, the terms of two Executive Directors have been renewed, although these renewals require shareholder approval.

New Auditors, Company Secretary Named; Directors Re-appointed

On May 13, 2026, the Black Rose Industries board approved key changes. Poddar & Co. will serve as Cost Auditors, and RMJ & Associates LLP as Internal Auditors for FY2026-27. Ms. Darshana Sawant steps in as the new Company Secretary and Compliance Officer. The board also renewed the roles of Mr. Ambarish Daga and Mrs. Shruti Jatia as Executive Directors for three-year terms, starting July 25, 2026, and September 2, 2026, respectively. Mr. Daga will now focus solely on his role as Investor Relationship Officer.

Strengthening Governance and Leadership

These appointments are designed to bolster the company's compliance efforts and internal controls. A designated Company Secretary helps ensure adherence to corporate governance standards and regulatory requirements. The continued presence of key executive directors offers stability and continuity in leadership, supporting the company's strategic path.

About Black Rose Industries

Black Rose Industries Ltd. manufactures industrial adhesives, resins, and epoxy compounds, serving clients in sectors like automotive, construction, electrical, and packaging.

Leadership Continuity Subject to Shareholder Vote

The board's decision to re-appoint Mr. Ambarish Daga and Mrs. Shruti Jatia as Executive Directors for three-year terms is now subject to formal approval from the company's shareholders via a postal ballot.

Industry Context

Companies in the industrial chemicals and adhesives sector, such as Pidilite Industries Ltd. and Sika Interplant, also rely on strong leadership and auditing practices.

What Investors Should Watch

Investors will be watching for the results of the shareholder postal ballot on the director re-appointments. Additionally, any early insights from the new auditors and developments from the Company Secretary's office will be noted.